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Post the transactions to the T-accounts. Use the transaction dates as posting references. Use a Bal. posting reference to show the ending balance of each
Post the transactions to the T-accounts. Use the transaction dates as posting references. Use a "Bal." posting reference to show the ending balance of each account. For any accounts with a zero balance, select the "Bal." posting reference and enter a "0" on the normal side of the account.
I need help posting the transactions to t accounts
Read the requirements. Accounts Payable Cash Service Revenue Salaries Payable Accounts Receivable Unearned Revenue Salaries Expense Dec. Mass Delivery Service began operations by receiving $15,000 cash and a truck with a fair value of $17,000 from Ripley Mass. The business issued Mass capital in exchange for this contribution. 1 Paid $600 cash for a four-month insurance policy. The policy begins December 1 Paid $650 cash for office supplies 1 4. 12 Performed delivery services for a customer and received $2,100 cash. Completed a large delivery job, billed the customer, $2,000, and received a promise to collect the $2,000 within one week. Paid employee salary, $700 15 18 20 Received $12,000 cash for performing delivery services. 22 Collected $1,300 in advance for delivery service to be performed later. Collected $2,000 cash from customer on account. 25 27 Purchased fuel for the truck, paying $200 on account. (Credit Accounts Payable) 28 Performed delivery services on account, $1,200. Paid office rent, $1,300, for the month of December 29 Paid $200 on account. 30 Mass withdrew cash of $2,400. 31Step by Step Solution
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